Legislation August 20, 2026
Husted Introduces Bill to Let Homebuyers Tap 529 Savings for Down Payments
U.S. Sen. Jon Husted (R-Ohio) has introduced legislation that would let first-time homebuyers use unused college savings toward a down payment.
Taxes March 23, 2026
New Bill Proposes to Exempt National Guard, Reserve Drill Pay From Federal Income Taxes
National Guard and Reserve members typically train one weekend a month with readiness activities throughout the year and receive pay for their service. A bill introduced in the House would exempt that money from federal income taxes.
Taxes March 12, 2026
Democrats Float Tax Relief Plans to Home in on Affordability
Democrats with potential presidential aspirations have unveiled a slew of tax breaks in recent days that emphasize the party’s focus on affordability in hopes of taking back the White House.
Taxes March 9, 2026
Booker to Propose Bill That Would Make First $75K in Earnings Tax Free for Married Couples
Sen. Cory Booker (D-NJ) plans to propose legislation Tuesday that would increase the standard deduction to $75,000 for married couples filing jointly.
Taxes March 6, 2026
Senate Democrat’s New Tax Proposal Could Change Paychecks for Millions
Sen. Chris Van Hollen, D-MD, has introduced a proposal that would eliminate federal income taxes for workers earning up to $46,000 and married couples earning up to $92,000, meanwhile adding a surtax on taxpayers earning more than $1 million.
Taxes March 4, 2026
Sanders, Khanna Introduce Wealth Tax Bill Targeting Billionaires
A new bill introduced in Congress would provide direct payments of $3,000 to millions of Americans. The payments would be funded through an extra tax on some of the country’s wealthiest people.
Taxes March 2, 2026
California Bill Would Exclude Military Retirement Pay From State Taxable Income
A new bipartisan effort is underway in the California Legislature to ensure veterans and survivors won’t have to pay state income tax on retirement pay and survivor benefits.
Taxes February 27, 2026
Bipartisan Senate Finance Committee Bill Promises ‘Commonsense Fixes’ to IRS
The 162-page draft bill, called the Taxpayer Assistance and Service Act, bundles a number of already introduced tax administration bills with additional recommendations from the National Taxpayer Advocate.
Taxes February 18, 2026
GOP Lawmaker Proposes Measure to Block Key Element of Proposed California Wealth Tax
Rep. Kevin Kiley says he will introduce the "Keep Jobs in California Act of 2026" on Friday. The measure would prohibit any state from levying taxes retroactively on individuals who no longer live there.
Taxes February 12, 2026
Senate Votes to Overturn D.C. Tax Decoupling, as Locals Push Back
The Senate passed a joint resolution on Thursday blocking changes to the District of Columbia’s tax code, which will now head to President Donald Trump’s desk.
Taxes February 12, 2026
Wyden Assails Trump Over $10 Billion Lawsuit Against IRS
Oregon Democratic Sen. Ron Wyden introduced a bill Feb. 10 to block the president from receiving any payout, by levying a 100% tax on it. The legislation is unlikely to move given Republicans’ majority in the Senate.
Taxes February 5, 2026
House Advances Measure to Block D.C. Tax Code Decoupling
Congress took steps on Wednesday toward blocking changes to D.C.’s local tax code, even as District officials warned it could wreak havoc on tax season and smash a hole in the city’s budget.
Taxes February 3, 2026
Republicans Look to Rebuke D.C. Council with Swing at Local Tax Code
The House is preparing to vote on a disapproval resolution this week that would reverse a recent measure passed by the D.C. Council that separates some local tax policies from the revamped federal tax code.